Tax and Economic Reform: In America, under the Constitution, everybody is supposed to be treated equally, and the tax plan should follow the constitution. Everybody, no matter what profession they practice, should have equal taxes and all the money must go to the government for the benefit of the people and the country.
Sales Tax
Every item is taxed 15% so that all the money can go to the benefit of public goods
Because every person will receive the same amount of pay everyone should be able to pay
Income Tax
There will be 3% income taxes
Everyone will receive the same pay
Business Taxes
Business’ will be taxed 8% of the money the make for private ownership of businesses, but government owned businesses will not be taxed
The balance of privately owned businesses and government owned businesses will create a competition in the market
Property Taxes
2,480 square feet is the average American home size
Our plan:
Welfare
Nobody will receive any welfare from the government because everyone is receiving the same amount of pay and therefore shouldn’t need it
Creating Jobs
Some taxes go to creating government owned businesses creating more jobs
Because people receive equal pay, there is no reason not to hire a person
Small portion of taxes goes to helping pay for employees
Balancing Budget
We would become less dependent on countries like China that we are in debt with
Prioritize what government owned businesses are not doing well and sell them to private owners
Taxes
20% of the taxes go towards public goods like roads
30% of taxes go towards public education
15% goes to military
15% goes to national bank
10% goes to national owned businesses for creating jobs
Tax and Economic Reform: In America, under the Constitution, everybody is supposed to be treated equally, and the tax plan should follow the constitution. Everybody, no matter what profession they practice, should have equal taxes and all the money must go to the government for the benefit of the people and the country.
Sales Tax
Income Tax
Business Taxes
Property Taxes
Welfare
Creating Jobs
Balancing Budget
Taxes